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- Tasks: Assist in delivering analytical projects and manage an Apprentice Economist.
- Company: Join HM Treasury's Analytical Projects Unit, influencing key public policy issues.
- Benefits: Enjoy 25 days annual leave, flexible working, and a generous pension scheme.
- Why this job: Gain valuable experience, build a network, and contribute to high-profile Ministerial priorities.
- Qualifications: Experience in analytical projects and ability to collaborate with diverse partners required.
- Other info: Opportunities for professional development and involvement in active staff networks.
The predicted salary is between 28800 - 48000 £ per year.
Do you have excellent analytical skills and are looking for a varied and stretching portfolio of responsibilities? If so, read on!
About the Team
The Analytical Projects Unit sits within the Economic Risks and Analytical Projects Unit team in the Economics Group. It provides analytical expertise and support to critical projects across HM Treasury. Members of the team are deployed on projects covering a range of public policy issues – both influencing HMT's macroeconomic policy within Economics Group and building the evidence base for policymaking across other areas. The Unit is led by a Grade 6, with two Grade 7, three Senior Executive Officers, one Higher Executive Officer, and two Economics Apprentices. Oversight is provided by the Deputy Director for Economic Risks and Analytical Projects Unit and the Director of Economics. It is a friendly and supportive team, working in a matrix management style, where team members feel valued. Joining the team is an excellent way of gaining an overview of HMT's work, building a network, and being involved in high-profile Ministerial priorities.
About the Job
Key accountabilities for this role include:
- The Unit employs a matrix management structure for staff working on projects. The post holder will be responsible for line management of an Apprentice Economist with a strong focus on staff development.
- The post holder will build effective relationships with the project managers to whom project staff are allocated to ensure excellent day-to-day management and regular feedback is provided.
- Integrating in a new team and becoming abreast of the policy area quickly. This will include understanding who key stakeholders are, proactively developing an understanding of the area, and setting the project's scope within this.
- Scoping out and planning analytical projects, including by identifying the best analytical techniques, the key outputs, and prioritising work streams with the greatest impact to improve HMT's understanding of an issue and inform policy advice.
- Delivering high quality analytical projects at pace, working collaboratively with policy teams across HM Treasury and other Government departments. There may also be opportunities to task-manage staff on projects.
- Communicating the conclusions of the project to Senior Officials, Ministers, and other partners, influencing the strategic direction of HMT policy.
About You
You will need to have experience delivering analytical projects, be able to work collaboratively with a range of partners and get up to speed on new issues quickly. You will complete projects lasting around 3 months that apply analytical tools and techniques, as well as economic knowledge, to support policymaking in line with Ministerial priorities, often at pace.
Some of the Benefits our people love!
- 25 days annual leave (rising to 30 after 5 years), plus 8 public holidays and the King's birthday (unless you have a legacy arrangement as an existing Civil Servant). Additionally, we operate flexitime systems, allowing employees to take up to an additional 2 days off each month.
- Flexible working patterns (part-time, job-share, condensed hours).
- Generous parental and adoption leave packages.
- Access to a generous Defined Benefit pension scheme with employer contributions of 28%.
- Access to a cycle-to-work salary sacrifice scheme and season ticket advances.
- A range of active staff networks, based around interests (e.g. analysts, music society, sports and social club) and diversity.
For more information about the role and how to apply, please follow the apply link. If you need any reasonable adjustments to take part in the selection process, please tell us about this in your online application form, or speak to the recruitment team at hrrecruitment@hmtreasury.gov.uk.
Assistant Economist, Analytical Project Unit employer: North East Regional Employers Organisation
Contact Detail:
North East Regional Employers Organisation Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Assistant Economist, Analytical Project Unit
✨Tip Number 1
Familiarise yourself with HM Treasury's current projects and priorities. Understanding the key issues they are tackling will help you engage in meaningful conversations during interviews and demonstrate your genuine interest in the role.
✨Tip Number 2
Network with professionals in the economics field, especially those who have experience working with HM Treasury or similar organisations. This can provide you with insights into the team dynamics and expectations, which can be invaluable during the application process.
✨Tip Number 3
Brush up on your analytical skills and tools relevant to economic analysis. Being able to discuss specific techniques you've used in past projects will showcase your expertise and readiness for the responsibilities of the Assistant Economist role.
✨Tip Number 4
Prepare to discuss how you would approach managing an Apprentice Economist. Think about your leadership style and how you would foster their development while ensuring project goals are met, as this is a key aspect of the role.
We think you need these skills to ace Assistant Economist, Analytical Project Unit
Some tips for your application 🫡
Understand the Role: Read the job description thoroughly to grasp the key responsibilities and requirements. Highlight your analytical skills and experience in delivering projects, as these are crucial for the Assistant Economist position.
Tailor Your CV: Customise your CV to reflect relevant experience and skills that align with the job. Emphasise your ability to work collaboratively, manage projects, and communicate effectively, as these are essential for the role.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for economics and analytical work. Mention specific examples of past projects where you successfully applied analytical techniques and influenced policy outcomes.
Highlight Teamwork and Leadership: Since the role involves line management and collaboration, be sure to include examples of how you've effectively worked in teams and led projects. This will demonstrate your capability to integrate into the team and manage staff development.
How to prepare for a job interview at North East Regional Employers Organisation
✨Showcase Your Analytical Skills
As an Assistant Economist, you'll need to demonstrate your analytical prowess. Prepare examples of past projects where you've successfully applied analytical techniques to solve complex problems. Be ready to discuss the methodologies you used and the impact of your findings.
✨Understand the Policy Landscape
Familiarise yourself with current public policy issues relevant to HM Treasury. Research recent projects or initiatives that the Analytical Projects Unit has been involved in. This will help you engage in informed discussions during the interview and show your genuine interest in the role.
✨Emphasise Team Collaboration
The role requires working collaboratively with various partners. Prepare to share experiences where you've successfully worked in a team setting, particularly in a matrix management structure. Highlight your ability to build relationships and communicate effectively with stakeholders.
✨Prepare for Scenario-Based Questions
Expect scenario-based questions that assess your problem-solving abilities and decision-making skills. Think about how you would approach scoping and planning analytical projects, prioritising work streams, and delivering results under tight deadlines. Practising these scenarios can help you articulate your thought process clearly.
